πππHoward Marks does not sound alarm bells often but when he does, it is worth listening to. His recent memo is a quiet nudge to step back and reassess - not because the Magnificent 7 are wildly overvalued, but because the broader S&P500 is starting to look stretched.
I have invested in $Consumer Staples Select Sector SPDR Fund(XLP)$ as a tactical hedge as Consumer Staples do not dazzle but they endure.
I have also continued with my investment in $SPDR Portfolio S&P 500 ETF(SPLG)$ to give me broad exposure to the US market.
Investing is not just about numbers. It is also about protecting what matters and staying grounded.
I am not chasing the next headline. I am building a portfolio that lasts beyond one cycle.
@Tiger_comments @TigerStars @CaptainTiger @TigerClub
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